The U.S. International Development Finance Corporation recently approved a $300 million investment in the Three Seas Initiative Investment Fund.
That welcome Dec. 10 announcement partially fulfills a U.S. pledge made back in February by Secretary of State Mike Pompeo to invest up to $1 billion in the investment fund to finance energy projects via the corporation.
The Three Seas Initiative is a valuable project to strengthen trade, infrastructure, energy, and political cooperation among countries bordering the Adriatic Sea, the Baltic Sea, and the Black Sea.
A strong, prosperous, and secure Eastern Europe is in America’s interest, and the initiative can play an …read more
Source:: The Daily Signal